Clean Science Q3 net profit rises 16%; shares fall over 2%

- Clean Science Q3 results: the company's revenue from operations increased 45% to ₹181 crore as against ₹125 crore in the last year period
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Clean Science and Technology on Monday reported a standalone net profit of ₹58 crore for the quarter ending 31 December, 2021. This is an increase of 16% from ₹49 crore a year ago.
The company's board has also re-appointed Ashok Ramnarayan Boob as Managing Director of the Company for a period of 5 years commencing till July 2022.
Meanwhile, the company's revenue from operations increased 45% to ₹181 crore as against ₹125 crore in the last year period.
After the results announcement, Clean Science shares were down 2.02% in noon deals at ₹2,285.80 on NSE.
The company reported an operating profit of ₹76 crore for the third quarter, up 22% when compared with the last year period.
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